B Evidence Grade B Graded accuracy verified by the review judge Safe to Cite Dated

20%

20% -- customer spend lift for cannabis dispensary customers (2019)

2019

Customers spend an additional 20% when they are able to pay with credit cards.

  • Referenced broadly as 'studies have shown' without specific citation or methodology details
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Lighthouse Research Team
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Evidence graded
Value
20%
Unit
Percentage
Data Vintage
2019
Entity
cannabis dispensary customers
B
Strong, reliable evidence

Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.

60/100 confidence

Single source - not yet corroborated

Extraction
50
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Source Article
Marijuana Payment Processing Options Ranked Worst to Best -
Marijuana payment processing options are less than ideal. Federal laws still do not consider marijuana legal anywhere in the country. Despite this, the majority of states have legalized marijuana in some form or another. As a result, marijuana merchants are operating in a financial grey area. Withou…

Referenced as 'studies have shown' without named source

Methodology documented
Industrymarketing
Plain Text
cannabis dispensary customers: 20% customer spend lift. Source: (2019). Via Lighthouse Intelligence -- https://lighthousedata.io/data/credit-payment-spend-lift-cannabis
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<blockquote cite="https://lighthousedata.io/data/credit-payment-spend-lift-cannabis" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>20%</strong> -- customer spend lift for cannabis dispensary customers<br><small>Source:  (2019) · <a href="https://lighthousedata.io/data/credit-payment-spend-lift-cannabis" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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